Household saving is defined as the difference between a household’s disposable income (wages, income of the self-employed and net property income) and its consumption (expenditures on goods and services.)

Canada's industrial product price index increased 0.4% in September, Statistics Canada said Monday. Market expectations were for the index to rise by 0.5%, according to economists at Royal Bank of Canada. The index measures the price manufacturers in Canada receive once their goods leave the plant, and does not reflect the final prices consumers pay for goods on store shelves.

The previous month's data were revised and now indicate producer prices fell by 0.4%, compared with the previous estimate of a 0.5% decline, Statistics Canada said.

Of the 21 commodity groups tracked for the index, 15 posted increases in September from August, led by a 0.9% advance in energy and petroleum product prices.

On a year-over-year basis, producer prices fell 0.5% in September.

Prices for raw materials used by manufacturers in September declined 0.1%. Prices for animals and animal products were down 3.7% in the month, while prices for crude energy products increased 2.4%.